Morgan Stanley

All banks have had a great run then the recent sell-off. Easily $65 for them. Chart looks good compared to other U.S. banks like Goldman Sachs. Likes the walk-up it's enjoyed and the recent re-grouping. (Analysts' price target $61.02)

All banks have had a great run then the recent sell-off. Easily $65 for them. Chart looks good compared to other U.S. banks like Goldman Sachs. Likes the walk-up it's enjoyed and the recent re-grouping. (Analysts' price target $61.02)

Switched to this from Goldman Sachs (GS-N), and likes that it has more of a retail focus. It’s become more of a retail operation over the years. Almost 50% of its business is in Investment Management and is growing very smartly. It still has some growth ahead of it.

Switched to this from Goldman Sachs (GS-N), and likes that it has more of a retail focus. It’s become more of a retail operation over the years. Almost 50% of its business is in Investment Management and is growing very smartly. It still has some growth ahead of it.

His model price is right on where it is currently trading. It closed at $54.20, and his model prices $55.10. Big revisions are coming in, especially on the financials. We are seeing higher bond yields, which translates into higher earnings, plus we are coming out of a financial repression and finally getting interest rates up. He thinks financials go materially higher.

His model price is right on where it is currently trading. It closed at $54.20, and his model prices $55.10. Big revisions are coming in, especially on the financials. We are seeing higher bond yields, which translates into higher earnings, plus we are coming out of a financial repression and finally getting interest rates up. He thinks financials go materially higher.

If you look at all the US banks' total returns, they are almost identical. The reason is because of ETF's. It’s pretty much a 26%-27% total return over the last 12 months for almost all the big money centred banks. Interest rates are rising, so it’s a good place to be. For access to American banking, he owns Toronto Dominion (TD-T) instead. On the dividend per share being paid out by US banks, they are just getting started. This bank would be deemed more as a money centred bank. A little slower growth than some of the others, because they have more of a global positioning with greater capital markets exposure.

If you look at all the US banks' total returns, they are almost identical. The reason is because of ETF's. It’s pretty much a 26%-27% total return over the last 12 months for almost all the big money centred banks. Interest rates are rising, so it’s a good place to be. For access to American banking, he owns Toronto Dominion (TD-T) instead. On the dividend per share being paid out by US banks, they are just getting started. This bank would be deemed more as a money centred bank. A little slower growth than some of the others, because they have more of a global positioning with greater capital markets exposure.

All financials have done well in this environment with lower tax rates and increasing interest rates. She would wait for a pullback before getting into this. The group they are in should do relatively well.

All financials have done well in this environment with lower tax rates and increasing interest rates. She would wait for a pullback before getting into this. The group they are in should do relatively well.

Since the global financial crisis, we have seen lots of deregulation, decreased leverage. Banks have increased fees, and have gone after and tried to grow the wealth management practices. That's a trend which has grown globally. At these levels, and in a rising interest rate environment, this would definitely be a company that would benefit from that scenario and at these levels, you could buy this provided you have a multiyear environment.

Since the global financial crisis, we have seen lots of deregulation, decreased leverage. Banks have increased fees, and have gone after and tried to grow the wealth management practices. That's a trend which has grown globally. At these levels, and in a rising interest rate environment, this would definitely be a company that would benefit from that scenario and at these levels, you could buy this provided you have a multiyear environment.

(A Top Pick June 20/17. Up 17%.)Its value was based on 2 great businesses, a large global investment manager and their capital markets business, which has been very solid. With the global economy recovering, the US doing much better, and the lower tax rates coming into play, this has been a big win. Thinks it will continue into the next few months and maybe the next couple of years.

(A Top Pick June 20/17. Up 17%.)Its value was based on 2 great businesses, a large global investment manager and their capital markets business, which has been very solid. With the global economy recovering, the US doing much better, and the lower tax rates coming into play, this has been a big win. Thinks it will continue into the next few months and maybe the next couple of years.

This is the #1 equity trader and probably the most successful trading shop today. They are a big beneficiary of higher rates. They hold net cash balances for their clients. Has a giant private client business, $3 trillion in assets they take care of. Dividend yield of 2%. Will also benefit from the deregulation of business. (Analysts’ price target is $52.50.)

This is the #1 equity trader and probably the most successful trading shop today. They are a big beneficiary of higher rates. They hold net cash balances for their clients. Has a giant private client business, $3 trillion in assets they take care of. Dividend yield of 2%. Will also benefit from the deregulation of business. (Analysts’ price target is $52.50.)

(A Top Pick Aug 26/16. Up 59%.) Still likes this, although he Sold a little to rationalize the number of financial service name he had in the portfolio. Trading at 1.3X Price to Book, which is not too bad relative to the peer group. 2% dividend yield. With asset prices going higher and interest rates moving higher, this should help companies like this. They are relying less on trading revenues, which should get them past regulatory changes that may be coming.

(A Top Pick Aug 26/16. Up 59%.) Still likes this, although he Sold a little to rationalize the number of financial service name he had in the portfolio. Trading at 1.3X Price to Book, which is not too bad relative to the peer group. 2% dividend yield. With asset prices going higher and interest rates moving higher, this should help companies like this. They are relying less on trading revenues, which should get them past regulatory changes that may be coming.

Part of the financial sector, which he thinks will be a huge beneficiary for the eventual rise in interest rates. It will be a huge beneficiary from the global economy continuing to pick up momentum. They’ve now made a large bet in the asset management business, which makes a lot of sense, as it is a less cyclical and less volatile business than trading bonds, waiting for IPOs, or waiting for a merger/acquisition deal coming to your doorstep.

Part of the financial sector, which he thinks will be a huge beneficiary for the eventual rise in interest rates. It will be a huge beneficiary from the global economy continuing to pick up momentum. They’ve now made a large bet in the asset management business, which makes a lot of sense, as it is a less cyclical and less volatile business than trading bonds, waiting for IPOs, or waiting for a merger/acquisition deal coming to your doorstep.

(A Top Pick Dec 9/16. Up 6.47%.) Synthetic Long Position. Had Bought a Call and Sold a Put which created a position equivalent to buying the stock itself. US banks have been flat and have been almost dead money for most of the year. This is good until January, so he would hold onto this position.

(A Top Pick Dec 9/16. Up 6.47%.) Synthetic Long Position. Had Bought a Call and Sold a Put which created a position equivalent to buying the stock itself. US banks have been flat and have been almost dead money for most of the year. This is good until January, so he would hold onto this position.

This has sort of reinvented itself over the last couple of decades. It was primarily an institutional house, a fixed income house. Today, 44% of its business is on wealth management platform. Coming off the financial crisis, they bought Smith Barney from City. Putting those together and growing them, they are now a real force in the US in terms of wealth management. Expects earnings to grow 21% this year and 15% next year. Trading at about 1.2X Book, but well worth it. Dividend yield of 2.1%. (Analysts’ price target is $49.50.)

This has sort of reinvented itself over the last couple of decades. It was primarily an institutional house, a fixed income house. Today, 44% of its business is on wealth management platform. Coming off the financial crisis, they bought Smith Barney from City. Putting those together and growing them, they are now a real force in the US in terms of wealth management. Expects earnings to grow 21% this year and 15% next year. Trading at about 1.2X Book, but well worth it. Dividend yield of 2.1%. (Analysts’ price target is $49.50.)

Has been bullish US equities since February 2016. In the spring of 2017, financials began to outperform. They had a little rest over the winter, consolidated and then had a very strong run up into earnings. This is the #1 institutional equities trader, and stronger equity markets will be positive for them. They are very strong on the wealth management side. Also, it is pretty levered to the US economy. 1.7% dividend yield.

Has been bullish US equities since February 2016. In the spring of 2017, financials began to outperform. They had a little rest over the winter, consolidated and then had a very strong run up into earnings. This is the #1 institutional equities trader, and stronger equity markets will be positive for them. They are very strong on the wealth management side. Also, it is pretty levered to the US economy. 1.7% dividend yield.

This site is used by investors to track what stock experts say.
Stockchase is useful as an online investing tool for due diligence, and for getting a feel for how companies are thought of by investment experts. This site should not be your only resource or reference, but it should be one of the investing tools in your arsenal for wise investing in the stock market. Stockchase draws only on what has been discussed by individuals who appear on business television programs, in particular the Business News Network. Stockchase, in its reporting, neither recommends nor promotes any investment strategies that have been discussed.

We are human and can make mistakes. Help us fix any errors.
If you see something that you know is not right or if there is a problem with the site, please email us at hello@stockchase.com.